The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, ...

Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some ...

House Republicans are in the final rounds of negotiations over a sweeping budget plan that has been significantly influenced ...

A federal deduction that could help affluent filers in high-tax states is once again up for debate.

Rep. Nick LaLota says raising taxes on top earners would help Trump get the votes he needs to pass his massive tax and ...

Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse ...

House Republicans' tax bill will include significant relief for senior citizens, Ways & Means Committee Chairman Jason Smith ...

President Trump is returning from a Middle East trip where he was feted by foreign leaders to find his legislative agenda on ...

The 37-member House Budget Committee convened for a crucial vote on Trump's "big, beautiful bill" that could determine ...

The tax break came under fire after a 2021 ProPublica investigation based on leaked returns showed the shelter helped ...

House Republicans are preparing to push their hard-fought package of tax breaks and spending cuts through its next hurdle in ...